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Posts Tagged ‘points’

OSEA2010 boosted as global industry outlook points to steady growth

In Uncategorized on November 20, 2010 at 4:13 pm

VN-Index hurdles 460 points

In Uncategorized on October 14, 2010 at 6:29 pm

Movements of VN-Index on October 6. (Photo: vietstock.vn)Vietnam’s benchmark VN-Index strongly jumped on October 6, thanked to buying demand of foreign investors.

The gauge of 261 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange leaped 2.16 percent, or 9.76 points, to close at 460.72 points.


On the index, 210 stocks increased, 23 dropped, while 33 were flat.


However, investors’ cautiousness prevented liquidity from raging. Trading volume was around 38.31 million shares worth VND1.05 trillion, up 15.3 percent in volume and 25 percent in value over the previous session. Of which, foreign investors bought nearly 7.4 million shares, accounting for 19 percent of the total volume on the market.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) was the most active share in volume with 2.05 million shares traded.


Tan Tao Investment Industry Corporation (ITA) ran after with 1.44 million shares, tailed by Ocean Group Joint Stock Company (OGC) with 1.16 million shares changing hands.


Cuong Thuan Investment Corporation (CTI), which augmented the daily maximum allowed limit of 5 percent to VND33,600, was the biggest winner on the city bourse.


Tay Bac Minerals Investment Joint Stock Company (KTB) mounted 4.99 percent to trade at VND37,900.


Binh Thanh Import Export Production and Trade Joint Stock Company (GIL) moved forward 4.95 percent to VND23,300.


Meanwhile, Dong Do Marine Joint Stock Company (DDM) collapsed 5 percent to VND7,600.


Ha Tien Transport Joint Stock Company (HTV) declined for four straight trading sessions, trimming 4.95 percent to VND34,600.


Stationery producer Thien Long Group Corporation (TLG) sagged 4.84 percent to VND29,500.


The smaller bourse in the north also performed well as the Hanoi’s HNX-Index went up 2.82 points, or 2.31 percent, to 124.84 points. However, trading volume plummeted to nearly 29 million shares, a value of VND265.82 billion. Foreign investors continued to net buying VND5 billion this morning.


The UPCoM-Index glided 0.35 points to 45.45. A total of 173,000 shares changed hands at VND2.49 billion as of 11 am local time.

Source: SGGP

VN-Index shrinks to 491 points

In Uncategorized on July 28, 2010 at 11:18 am

Movements of VN-Index on July 28. (Photo: vietstock.vn)Vietnam’s stock market neglected a rally of global equities, extending its losing trend for a third consecutive day on July 28, as blue chips continued to retreat while penny-chips were not able to pilot the market.

VN-Index, a gauge of 250 companies and four mutual funds listed on the Ho Chi Minh Stock Exchange, tumbled 1.34 percent, or 6.67 points, to finish at 491 points.


On the city bourse, losers outnumbered gainers, as only 22 stocks improved. Meanwhile, 199 fell, and 33 were unchanged.


Trading volume rose slightly to 46.8 million shares, worth VND1.38 trillion.


Foreign Trade Development and Investment Corporation of Ho Chi Minh City (FDC), which advanced 2.61 percent to VND47,200, topped the list of most active shares by volume with 1.63 million shares changing hands.


From July 30 to September 30, Tran Dang Tien, deputy general director of Foreign Trade Development and Investment Corporation of Ho Chi Minh City (FDC), registered to sell 12,500 shares, and buy 20,000 shares, sending his holdings to 30,565 shares, restructuring his investment category.


In the same period, Nguyen Bang Nguyen, the company’s chief accountant, registered to sell 3,100 shares, and buy 5,000 shares, bringing his holdings to 7,584 shares, for the same purpose.


Between July 30 and September 30, Nguyen The Hau, deputy general director, also registered to sell 41,500 shares, and buy 20,000 shares. His holdings will be at 61,927 shares after the transaction is completed.


Refrigeration Electrical Engineering Corporation (REE) chased after with 1.11 million shares.


Transport company Thuan Thao Corporation (GTT) came in third with 1.06 million shares changing hands.


Shipping company Gemadept Corporation (GMD) contracted 27.78 percent to VND39,000. The company will issue 32,141,667 additional shares for its current shareholders with a ratio of 3:2 and a price of VND20,000 per share. This is a part of the plan to release 51,787,500 shares to increase its chartered capital to VND1 trillion. An amount of 2,410,625 shares will be sold to the company’s employees at a price of VND20,000 per share. In addition, a total of 17,235,208 shares will be offered to its strategic partners.


Binh Thuan Hamico Mineral Joint Stock Company (KSA), Petrolimex International Trading Joint Stock Company (PIT), Viet Nam Petroleum Transport Joint Stock Company (VIP), Vinh Hoan Corporation (VHC) a seafood company, and Tien Len Steel Corporation Joint – Stock Company (TLH) all gave up 5 percent.


Among a few gainers, Dong Phu Rubber Joint Stock Company (DPR) advanced 5 percent to VND63,000. The company announced that it would contribute VND20 billion to Dong Phu Technical Rubber Joint Stock Company’s (Dorufoam) chartered capital, raising Dorufoam’s capital to VND110 billion, and its holdings ratio at Dorufoam to 50.9 percent from 40 percent.


Sao Mai Construction Corporation (ASM) added up 4.86 percent to VND75,500. The company asked for an extension to present its financial statement in second quarter of this year to the end of August 5 because its computer software was broken.


National Seed Joint Stock Company (NSC) surged 4.52 percent to VND39,300.


Hanoi’s HNX-Index closed at 152.38 points, down 1.64 percent, or 2.54 points. Around 34.4 million shares changed hands worth more than VND1 trillion.


The UPCoM-Index dropped 0.88 points to 52.15. A total of 453,780 shares traded at a value of VND8.9 billion as of 11 am local time.

Source: SGGP

Stocks drop to near 515 points

In Uncategorized on April 20, 2010 at 9:52 am

The Vietnam’s benchmark VN-Index lost ground for the second day on April 20 as investors were waiting for news.

The index of 224 companies and four close-ended funds on the Ho Chi Minh Stock Exchange slid 0.3 percent, or 1.54 points, to finish at 515.2. Around 58.6 million shares, worth VND2.13 trillion changed hands.


Among the index members, 89 advanced, 101 declined, and 38 were unchanged.


Tan Tien Plastic Packaging Joint Stock Company (TTP) and Vietnam Sun Corporation (VNS) fell the maximum daily allowed 5 percent limit to VND47,500 and VND57,000.


House Viet Nam Joint Stock Company (NVN) slid 4.85 percent to VND31,400.


Big gainers on the city bourse included Gia Lai Cane Sugar Thermoelectricity Joint Stock Company (SEC), Ho Chi Minh City Metal Corporation (HMC), and Becamex Infrastructure Development Joint Stock Company (IJC). They all added the daily maximum allowed limit of five percent to VND29,400, VND21,000, and VND37,800 respectively.


Huu Lien Asia Corporation (HLA) was the most active stock in volume with more than 2 million shares being traded at VND25,800. Saigon Commercial Bank or Sacombank (STB) was next with 1.88 million shares. Viet – Han Corporation (VHG) came next with more than 1.8 million shares.


The Hanoi’s HNX-Index rose 0.9 points, or 0.52 percent, to close at 173.94. More than 53.84 million shares were traded at VND1.84 trillion.


The over-the-counter market also performed well as the UPCoM-Index added 1.61 points, or 3.6 percent, to 46.34. A total of 191,242 shares, worth VND2.7 billion was changed hands.

Source: SGGP

VN-Index slowly approaches 520 points

In Uncategorized on April 8, 2010 at 12:18 pm

Stocks on the Ho Chi Minh Stock Exchange rose by 0.02 percent on April 8 as penny-chips’ rally was just able to push the index a little while most blue-chips were sold heavily.

Vietnam’s major stock exchange VN-Index of 218 companies and four mutual funds gained 0.11 points to close at 515.93. Around 55.89 million shares, worth VND2.06 trillion, were traded.


Of the index’s 222 members, 103 stocks advanced, 80 dropped, and 39 were unchanged.


Sea & Air Freight International (SFI), located in Ho Chi Minh City’s District 4, was the biggest gainer. The company’s shares rose by 4.99 percent to VND35,800.


Other big gainers were Idico Urban and House Development Joint Stock Company (UIC), and Rangdong Light Source and Vacuum Flask Joint Stock Company (RAL), which close up 4.95 and 4.93 percent to VND23,300 and VND31,900 respectively.


Sugar maker Société De Bourbon Tay Ninh (SBT) was the most active stock in volume as more than 3.45 million shares were changed hands today. The company’s shares upped 4.65 percent.


Petrovietnam General Services Js Corporation (PET), which added up 3.38 percent today, followed with 1.49 million shares being traded. Saigon Security Inc. (SSI) came next with 1.42 million shares. The largest brokerage in Vietnam closed down 0.23 percent to VND43,300.


General Materials Biochemistry Fertilizer Joint Stock Company (HIS), which gave up 6.62 percent, led the list of losers. Next were Long An Food Processing Export Joint Stock Company (LAF), which lost 4.76 percent to VND30,000, and Hoang Long Group (HLG), which dropped 4.64 percent to VND26,700.


Hanoi’s HNX-Index rose 2.42 points, or 1.44 percent, to 170.62. Liquidity on the northern bourse remained high with 51.14 million shares being traded at VND1.79 trillion.


The UPCoM-Index finished at 42.71 points, losing 1.92 points, or 4.3 percent. Around VND4.3 billion was spent to trade 334,238 shares.

Source: SGGP

Stocks slip to near 500 points

In Uncategorized on March 30, 2010 at 9:58 am

The Ho Chi Minh Stock Exchange retreated on March 30 despite a rally on the US stock markets. Liquidity was significantly improved.

Vietnam’s benchmark VN-Index of 215 companies and four mutual funds fell 4.95 points, or 0.97 percent, to finish at 500.72. Most blue-chips declined while penny-chips climbed.


Of the index, 59 shares gained, 129 tumbled, and 32 were unchanged. Around 59.87 million shares were traded at VND2.24 trillion.


Truong Thanh Furniture Corporation (TTF), located in the southeast province of Binh Duong, and Vinalink International Freight Forwarders (VNL) led the list of losers. Both gave up the 5 percent daily limit to VND30,400 and VND19,000 respectively.


The furniture maker will hold its annual shareholders meeting on April 22 this year. Ta Thi Vu Van, related to Ta Van Nam, a member of the company’s Board of Directors, sold 15,000 holdings on February 25 this year without making a declaration.


The Hanoi-based Dong Do Marine Joint Stock Company, meanwhile, saw 4.96 percent of its share value trading at VND13,400.


Cables and Telecommunications Material Joint Stock Company (SAM), which added up 0.63 percent, was the most active share in volume as more than 4.8 million shares changed hands at VND32,100.


Saigon Commercial Bank, or Sacombank (STB), followed with 2.43 million shares traded at VND21,800. The bank’s shares continued to lose 1.36 percent today.


Sugar maker Société De Bourbon Tay Ninh (SBT) saw around 1.9 million shares of the company traded.


The biggest winners included Cavico Viet Nam Mining and Construction Joint Stock Company (MCV), Sai Gon Garment Manufacturing Trade Joint Stock Company (GMC), and Construction and Materials Trading Joint Stock Company (CNT).


The smaller bourse in the north also stayed red as Hanoi’s HNX-Index slid 0.84 percent, or 1.38 points, to close at 162.37. Around 27.7 million shares, worth VND906.8 billion changed hands.
 
The index of the over-the-counter market, UPCoM-Index, rose 0.11 points to 46.06. A total of 288,280 shares traded at VND3.95 billion.

Source: SGGP

VN-Index likely to hit 590 points this week, brokers say

In Vietnam Stock Market on September 22, 2009 at 1:11 pm

Vietnam’s major stock market in Ho Chi Minh City continued to head north on Monday, with the VN-Index rising for the eight straight session.


The index, the benchmark measure of the Ho Chi Minh Stock Exchange, increased 6.96 points, 1.22 percent, to close at 577.97. Trading volume remained very high, with more than 69 million shares worth VND3.3 trillion being traded. Of the index’s 174 members, 86 stocks advanced, 64 fell and 19 were unchanged.


VN-Index will likely correct a little when reaching 575 points, before reaching the 590 mark at the end of this week, Au Viet Securities Co. forecast in a report.


The HCMC-based brokerage also expects property, construction materials and resource stocks to be top picks, while financial and fuel shares will barely advance.


The Vietnam International Securities Co. also predicts in a report that the market will remain in an upward momentum this week, as recent positive performance on Wall Street built up Vietnamese sentiment.


Standard & Poor’s 500 Index has staged a six-month climb from a 12-year closing low, rising 58 percent, according to Reuters. The rally has fed on expectations of a rebound from recession coupled with cheap money that has flooded roughly every market.


For the week starting on September 14, the Dow rose 2.24 percent, capping its best week in two months. Standard & Poor’s 500 index gained 2.45 percent and the Nasdaq added 2.5 percent.


Southern Rubber Industry Joint-Stock Co. (CSM), Vietnam’s third-biggest listed rubber company, rose 4.52 percent to VND104,000.


Pretax profits in the first nine months may reach VND241 billion (US$13.5 million), the company known as Casumina said in a statement on the stock exchange’s website. The HCMC-based producer of rubber products had forecast a full-year profit of VND41 billion.


Refrigeration Electrical Engineering Corp. (REE), a maker of air conditioners and electrical appliances, was unchanged at VND50,500. Pretax profits reached VND349 billion in January-August period, exceeding its full-year target of VND250 billion, it said in a statement posted on the exchange’s website.


Vietnam Italy Steel Joint-Stock Co. (VIS), which manufactures and supplies construction steels, fell 4.49 percent to VND93,000. Songda Urban & Industrial Zone Investment & Development Co. plans to sell all of its shares in the company between September 16 and December 11, according to a statement posted on the exchange’s website.


In Hanoi, the HNX-Index moved up for two days in a row, gaining 1.36 points, 0.77 percent, to close at 177.82.


The UPCoM-Index of unlisted stocks crept down 0.77 points, 1.19 percent, to close at 63.8 as of 11pm.


Source: SGGP

Stock market hovers around 550 points

In Vietnam Stock Market on September 11, 2009 at 7:41 am

The Ho Chi Minh Stock Exchange remained unchanged on Thursday as investors are waiting for further falls in the market before jumping in.


The VN-Index, a measure of 170 companies on the Ho Chi Minh Stock Exchange, rose 0.8 percent, to close at 540.19 points. Of the index members, 72 stocks advanced, 75 dropped, and 23 were unchanged.


“Investors are cautious to the market’s moves, which have remained unclear recently,” Cat Tri, an analyst from a stock market newswire in Ho Chi Minh City, told Saigon Giai Phong Daily. “They bought a little when the market dropped, but they were also willing to sell as the market rallied. I expect the VN-Index to hover around 550 points this month.”


Vietnam Petroleum Transport Joint-Stock Co. (VIP), an oil tanker and barge operator also known as Vipco, rose by the daily five percent limit to a three-week high of VND19,000.


Vipco’s pretax profits in the January-to-August period rose 6.5 percent from the same period last year, to VND80.5 billion (US$4.5 million), the company, based in northern port city of  Haiphong, said in a statement on the exchange’s website. Vipco’s pretax profits in the first eight months were 91 percent of the full-year forecast, according to the statement.


Vinh Son-Song Hinh Hydropower Joint-Stock Co. (VSH), Vietnam’s second-biggest listed electricity producer, fell 3.4 percent, to VND40,000. The power company plans to sell additional shares and bonds to raise money for a VND5.74 trillion ($322 million) hydro-power plant in the Central Highlands province of Kon Tum, Vinh Son-Song Hinh said on its website.


The company, based in the south-central coastal city of Quy Nhon, did not give any other details on the value or timeframe of the sale in the statement.


Binh Chanh Construction Investment Shareholding Co. (BCI) inched up 0.86 percent to close at VND58,500. The property developer announced on the bourse’s website that Pham Huynh Phuong Trang, daughter of supervisory board member Pham Minh Duc, sold 140,000 shares to cut her stake to 23,700 on September 4.


At the smaller bourse in Hanoi, the HNX-Index also edged up slightly 0.32 points, 0.19 percent, to finish at 167.34 points.


The UPCoM-Index of the unlisted stock moved up marginally 0.03 percent to 62.42 points as of 11am.


Source: SGGP